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NEWS Click on text to read news by category: General | Product | People | Worldwide

Fitzroy Australia Resources Restarts Broadlea Coking Coal Mine, Queensland

November 16, 2021

Fitzroy Australia Resources Restarts Broadlea Coking Coal Mine, Queensland Fitzroy Australia Resources, which is backed by U.S. investment firms AMCI and Riverstone, has restarted its 1mn t/yr Broadlea coking coal mine in Queensland, Australia to capitalize on strong coal prices.

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Newmont and Caterpillar Enter Revolutionary Strategic Alliance to Achieve Zero Emissions Mining

November 10, 2021

Newmont Corporation has entered a strategic alliance with Caterpillar to deliver a fully connected, automated, zero carbon emitting, end-to-end mining system. Together, they will collaborate to create a safer, more productive mine, and substantially support Newmont in reaching their 2030

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Stanmore to Acquire BHP’s Stake in BHP Mitsui Coal for $1.35 Billion

November 8, 2021

BHP has signed a share sale and purchase agreement to divest its 80 percent interest in BHP Mitsui Coal (BMC), an operated metallurgical coal joint venture in Queensland. Stanmore SMC Holdings Pty Ltd, a wholly owned subsidiary of Stanmore Resources

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Fluor-led JV Awarded Contract to Install Grinding Mill at Grasberg Mine, Indonesia

November 8, 2021

Fluor Corporation and its joint venture with Petrosea, Fluor Petrosea Joint Organization (FPJO), has been selected by PT Freeport Indonesia to install a new grinding mill at its Grasberg copper and gold mining district in Papua, Indonesia. Fluor booked its

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Chifeng Jilong Gold to Acquire Golden Star Resources for $470 Million

November 5, 2021

Golden Star Resources and Chifeng Jilong Gold Mining Co. have entered into a definitive agreement to which Chifeng has agreed to acquire all of the issued and outstanding common shares of Golden Star by way of a statutory plan of

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World Coal Assoc. Chief Executive: Coal Industry Did Not Show Potential of Clean Tech Quickly Enough

October 29, 2021

The coal industry was not quick enough to explain the potential of clean technologies that can give the fossil fuel a place in a sustainable energy matrix, Michelle Manook, chief executive of the World Coal Association (WCA), told Reuters on

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Rio Tinto and Carbfix Partner for Carbon Capture and Storage Technology

October 27, 2021

Rio Tinto and Carbfix are partnering to implement a technology for capturing carbon and permanently storing it underground at the ISAL aluminium smelter in Iceland. Under a memorandum of understanding (MOU) for a strategic partnership, Carbfix will use Rio Tinto’s

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Freeport Indonesia Begins Construction on $3 Billion Copper Smelter Complex

October 26, 2021

Freeport Indonesia has started construction on an IDR$42 trillion ($3 billion) copper smelter and precious metals refinery in East Java, Indonesia. A groundbreaking ceremony in this regard at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik was attended

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Polish Coal Miners Protest Top EU Court’s Order to Shut Coal Mine

October 25, 2021

Some 2,000 Polish coal miners traveled to Luxembourg to stage a noisy protest Friday against a decision by the European Union’s top court to shut down a major brown coal mine in Poland and to fine the country for flouting

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BHP Sweetens Takeover Bid for Noront Resources to $339 Million

October 21, 2021

BHP has sweetened its takeover bid to Canadian mining company Noront Resources to C$419.3 million ($339.1 million) or C$0.75 per share in cash. The Canadian firm’s board has recommended shareholders vote in favor of the amended offer from the mining

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